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Why I adore dwelling in Cyprus

[ad_1] Owning lived in Limassol for around 20 decades now, I can properly say that when you occur to dwell in Cyprus you will have an easy everyday living. And it is not just due to the fact of the fantastic sunny beach weather in the summer season. First impressions rely When I go again…

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Are not able to acquire, unable to lease

[ad_1] Greater home finance loan prices have dashed desires of possessing a house, leaving numerous in a capture-22 predicament as rents are rising, exceeding what households pay back in monthly instalments for a housing financial loan. Interest costs on mortgages could access 5%, from 2.5% by the conclusion of future 12 months, impacting the buyer’s…

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Amend residence VAT regulations or else!

[ad_1] The European Commission has given Cyprus until finally mid-February to enact new laws governing the levying of minimized VAT on houses, otherwise it will go infringement proceedings ahead. Brussels is respiratory down Cyprus’ neck, permitting Nicosia know that unless of course it amends latest laws by February 15, it will advance infringement proceedings it…

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Cyprus house market sees holiday getaway flats rise in recognition

[ad_1] As the yr will come to an close, we have a substantially much better thought of how the assets marketplace performed in 2022. There have been a quantity of variables that have thrown a spanner in the operates, with the climbing expense of dwelling and inflation being a actual affect. Nonetheless, Cypriot actual estate…

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